Seems like a good idea to keep it to stay close to Rockies assets. Also I bet there's plenty of Oxy suits who want to get the hell out of Houston and keeping this office is that ticket out.
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Let's see...to stop a mass exodus, keep morale high, keep people productive, maintain secrecy for some big move she's thinking about making. Not saying any of those is 100% the case, but there are plenty of reasons she would lie.
Why would she lie?
I hope when Oxy closes the deal that employees from Denver and Houston (The Woodlands) can work as one a little better. If you look at the past it has always been a us vs them scenario. Instead of slinging insults at each other and talking bad about the states maybe try being one unit. Both Texas and Colorado are great places and I can understand the love for the great outdoors in Colorado, but believe me Texas has some great spots as well. When we go at it on a public forum it makes us look like we are not one. Hopefully the Oxy acquisition can fix some of that. Work as one folks!
5qek, so you're the smart one for assuming a corporate executive wouldn't lie, right?
At the Town Hall In Denver The OXY CEO said there will be a Denver office. I don’t think she would have said it if she didn’t mean it. Also said they are very excited about the Powder and the DJ. You mo--ns me from Texas can s u c k my choud.
Wishful thinking on your part, OP.
Move Denver employees to Midland? HA this is comical! Denver WILL be closed within a year of the Oxy deal closing. And those employees who are still in Denver when the axe finally falls will be moved to Houston or let go if they say “no thank you” to a Houston relocation. Oxy will sell the Midland office to someone like BP or Exxon and be done with that mistake.
No need to have an expensive Denver office and pay more for corporate travel between HOU and DEN. With all the technology no need to have regional offices, maybe only a field office.
The Midland thing really gets under my skin sometimes. I lived there for 2 years and enjoyed a number of things about it, notably the lack of traffic and incredible weather, but it pales in comparison to a city with trees and lakes and rivers. Midland also has pretty subpar food and the most mediocre service industry you've ever experienced. You're isolated out there: a solid 2.5 hour drive from anything of consequence and nothing but expensive flights to get out. The only reason companies are expanding there is to make Wall Street think they are "committed" to U.S. shale and to curry a favorable reaction to a (probably) sub-par quarterly earnings. The fact that employees have to suffer there in order to achieve that goal is what's sick about it, while the execs get to live in their beautiful homes in Highland Park, or River Oaks. The overwhelming majority of employees do not need to be that close to the field to do their job effectively.
There's only a few hundred employees in the Denver office and the lease is crazy expensive. 90% chance you're headed to The Woodlands if you make it past Winter.
Anadarko has a new building under construction in Midland which is located just north of the new OXY building. Would think Denver personnel will be re-located to Midland.
For the love of f---, please move us out of Midland.
Hard to say. But I'd bet if anything Oxy will utilize APC's Woodlands campus and start closing regional offices like Denver and Midland.